NTRR Appoints New President and CEO
SARASOTA, Fla.--(BUSINESS WIRE)-- Neutra Corp. (OTCBB: NTRR), an innovator in all-natural wellness solutions, announced today that company executive Sydney Jim has been promoted to the position of President and CEO.
NTRR chose him for the company's top spot due to his expertise in implementing solid business strategy as the company pursues new deals and partnerships throughout the nutraceuticals sector. Mr. Jim's immediate focus will be the company's efforts to break into the booming medicinal cannabis industry in the U.S.
Mr. Jim joined NTRR's executive management team last month in order to ensure a smooth transition in leadership. He comes to the company from Rockspring Capital, a Houston-based private equity firm with more than $260 million in assets, where he served as Vice President of Business Development beginning last year.
He will succeed Cindy Morrissey in his new post, who is retiring after years of leading start-up companies to pursue new challenges.
"After working with Sydney Jim, I'm proud to say that he could not have been a better fit for our mission," Morrissey said. "His executive experience and vast network of business contacts across the country represent an exciting strategic opportunity for NTRR moving forward."
Mr. Jim traveled to California last week to meet with stakeholders in the nation's largest medical marijuana (MMJ) market. He will take the lead as NTRR enters negotiations toward possible joint ventures with MMJ innovators on the West Coast.
By providing innovative products and services related to MMJ, Neutra Corp. plans to follow in the footsteps of other successful public companies, including Cannabis Science, Inc. (CBIS), Medical Marijuana Inc. (MJNA) and Terra Tech Corp. (TRTC), enabling technological advancements in the cultivation and processing of cannabis in approved markets.
For more information on NTRR's initiatives, please visit www.neutracorp.com/investors.html.
About Neutra Corp.
Neutra Corp. (www.neutracorp.com) is a healthy lifestyle company that specializes in the development and marketing of natural wellness solutions, including cannabis-related products and services as well as protective, anti-microbial coatings for indoor and outdoor surfaces. For investing information and performance data, please visit www.neutracorp.com/investors.html.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Cindy Morrissey, 713-821-1486
President and CEO
KEYWORDS: United States North America Florida
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